Well put (as always). The dollar’s trading as if near-term tail risks have been slightly reduced, but otherwise no game-changer for the Fed’s policy trajectory.
Korean won plummeting toward 1997 Asian Financial Crisis levels:
1. Are people selling bitcoin to buy SpaceX?
2. If so, does that mean—despite abundant evidence to the contrary—the total addressable market of greater fools actually has limits?
"He won't have any choice," Trump told the FT in a telephone interview. "I call the shots. I call all the shots. He [Netanyahu] doesn't call the shots.
Narrator: He [Netanyahu] did, in fact, call the shots.
At this rate, he’ll be president in ‘29.
US economic surprise index showing clear signs of accelerating beyond seasonal norms—even ahead of today's blockbuster non-farm payrolls report: